not-for-profit Archives
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Should a Non-Profit Organization Incorporate?
A not-for-profit organization (NPO) has no legal requirement to incorporate; however, as an unincorporated entity, the organization would have no legal status. An unincorporated NPO is simply a group of people (members) who get together for a common purpose.
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Assessing Your Not-For-Profit Auditor
Evaluating your auditor is important for a non-profit organization (NPO). It is the Board of Director’s responsibility to assess the performance of the auditor at the conclusion of an audit engagement. This assessment should focus on the following key areas: The
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Gifts of stock when donating to charity: A win-win option
Note: Deadline for eligibility is December 31st of every year. This being the season of giving and receiving, let’s consider the advantages of donating a portion of your stock portfolio to your favourite charity, instead of donating cash. Donating stock to charity
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Board Policies and Governance Framework Planning for Non-Profits – An Accountant’s Perspective
The Board is responsible for everything an organization does. It sets the policies and procedures, in conjunction with management, that establish and monitor the long-term direction of the organization. Boards ensure the proper stewardship of the organization’s
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Social Enterprise for Non-Profit Organizations – Food for Thought for NPO Directors
Social enterprise is a current and popular topic in the non-profit sector. As organizations continue to face funding challenges, there is an obvious appeal to creating a new source of financial support to further the organization’s charitable and social
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Science Proves Giving to Charity Feels Good
You would probably not be shocked to learn that some people experience a feeling of euphoria when they treat themselves to a gift. A new set of golf clubs, a Prada purse, a vacation, or a sports car for example. You might be surprised, however, to learn that
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